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The following table presents nominal GDP and price level growth data for Mexico. Use the data from the table to answer the questions below. Year
The following table presents nominal GDP and price level growth data for Mexico. Use the data from the table to answer the questions below. Year Nominal GDP growth Price level growth 2013 2.9 1.5 2014 7.2 4.4 2015 6.1 2.8 2016 8.3 5.4 2017 8.8 6.7 2018 7.1 5.0 Source: World Bank Development Indicators, 2020. Real GDP growth in Mexico in 2013 was a] %, and real GDP growth in 2016 was b) %. Give your answers to one decimal. Which of the following statements best describes Mexico's real GDP growth from 2013 to 2018? Choose one: O A. Mexico's real GDP growth got smaller every year. O B. Mexico's real GDP growth got bigger every year. O C. Mexico's real GDP growth increased and then decreased. O D. Mexico's real GDP growth decreased and then increased.The table below reports nominal GDP, real GDP, and the GDP deflator from 2018 to 2020. Complete the table by solving for the missing values (round your answer to whole dollars). Nominal GDP Real GDP Year (billions of dollars) (billions of dollars) GDP deflator 2018 $10,000 $9,346 a) 2019 10,400 b) 100 2020 C) $11,263.16 95A purchase of a car stereo made in the United States by a resident of Honduras would be considered an when counting GDP in Honduras. As a result, this purchase would be Honduran GDP. A purchase of a box of cigars made in Honduras and sold in Canada would be considered an for Honduran GDP, which would be Honduran GDP.Suppose that the population of Mexico grew by 2.5% per year from 2013 to 2018. In which years were per capita real GDP growth positive? Choose one or more: D A. 2013 D B. 2014 C. 2015 D. 2016 E. 2017 [3 D D [3 F. 2018
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